Latest Posts with Aave (LEND) tag

Aave (LEND)

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Aave is a decentralizing lending and borrowing platform. Key features of the platform include flash loans, which are uncollateralized loans where borrowing and repayment occur in the same transaction; credit delegation, trusted uncollateralized loans; and borrowing and lending capabilities typical of decentralized lending platforms.

Aave was founded in November 2017 by CEO Stani Kulechov, who has described the goal of the platform as being “to build financial products that people need, while also having some fun.” Aave launched as ETHLend, but rebranded to its current form in September 2018. As ETHLend, it raised $600,000 in Ether in November 2017. The team consists of 19 members coming from a diverse background.

The platform’s native governance token LEND, which also gives its holders discounts on network fees. Compared to other platforms of its kind, Aave has listed a comparatively greater number of assets against which loans can be issued, with over 15 assets available. This in combination with its flash loan feature has made it a popular choice for borrowing and has contributed to its quick growth in 2020.

The rate switching feature allows users to switch between fixed and variable rates, allowing users to pick the most profitable interest rates. Aave’s credit delegation allows users to borrow funds with no collateral provided and is the pioneer of this mechanism in DeFi space. The team has recommended that users only enter into this agreement with users they trust, and Aave is working on an insurance fund to protect funds in the event any issues may occur.

Aave launched on the Ethereum (ETH) mainnet on January 9, 2020. While most technical updates have been completed, the team has stated that they will research and develop new features going into the future.


Bears are Not Done Yet with MAKER & Aave

3 Jun 2021 1 minute read 12 comments Defiant Pathfinder

If you don't look beyond those bullish candles you might be fooled and thing that its a bullish reversal on Aave and Farm token. The market is stil in the hands of the bears maybe they might be losing steam but they still holding on to that grip. Rev...

Whale Wallet Analysis - $LEND/$AAVE

8 Oct 2020 6 minute read 2 comments D3F1

Hello guys, I am back with another Whale Wallet Analysis for your pleasure and research. Before we proceed, I'm aware of the $LEND -> $AAVE migration. The smart contract still holds the name $LEND, and while the migration is happening as we speak, I...

DeFi in Review: Aave’s Migration, Synthetix ‘Coup d’Etat’, Ren Protocol’s M&A

12 Feb 2021 2 minute read 0 comments GetBlock

This week a red-hot segment of decentralized financial protocols (DeFis) crossed $40B in total value locked for the first time ever. Here is what happened in flagship DeFi ecosystems on the threshold of this milestone. While the cryptocurrencies indu...

Index Coop DAO - Vox Populi, Vox Dei!

13 May 2021 3 minute read 8 comments PVMihalache

Vox Populi, Vox Dei! The voice of the people must be heard and no better way to do this than a DAO! The Index decentralized autonomous organization needs the involvment of Index Owls to take part in proposals and vote for the development of the organ...

Rari Integrates Aave to Give Users Highest Yield

2 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Roboadvisor Rari Capital announced on September 29 that it had integrated lending protocol Aave (LEND) to give users the most optimal yields for farming.  Rari will use Aave to rebalance supported stablecoins (DAI, USDC, USDT, sUSD, BUSD) to constan...

Will the DeFi Tokens dominate the Crypto Market

17 May 2021 1 minute read 2 comments Defiant Pathfinder

The DeFi is making headlines these days as we see new  tokens being introduced each and everyday. Numbers do not lie we can see that if we check the capitalization of all DeFi tokens. The current capitalization is $129,701,145,619 and this shows that...

Clash of The Titans in the Crypto Market

5 May 2021 1 minute read 1 comment Defiant Pathfinder

There is a saying which says whatever goes up must come down, that is what happening in the crypto market right now. A lot of crypto cryptos were bullish but the majority now seem to be losing steem and they are starting to fall sad the bears are cha...

Full List of DeFi Lending Projects & Protocols

19 Aug 2020 3 minute read 3 comments D3F1

1. Aave GET IT HERE Aave is a DeFi Money Market Protocol that allows users to easily earn interest by depositing cryptocurrency into the protocol. Additionally, it allows users to take out loans from the protocol with a specific rate of interest at...

When is the Best Time to invest into Yield Farming

29 May 2021 1 minute read 3 comments Defiant Pathfinder

I always say that its all about timing in crypto trading and investing. As the whole world is embracing the crypto currencies and some countries are even regulating the crypto exchanges so there are higher chances of crypto booming. What has to be do...

Muscovite Product Release

12 Jul 2020 1 minute read 1 comment Synthetix Network

This post is another entry in our regular series in which we fill you in twice a month on all the front-end updates we’ve made across our dApps and website. Stay tuned for more updates!   COMP, LEND, KNC, and REN are now available as binary options...